Vestmark, a provider of wealth management technology and outsourced investment services, has announced a strategic partnership with Allspring Global Investments, an independent asset management firm with approximately $603 billion in assets under advisement. The collaboration will help registered investment advisors (RIAs) create and manage personalized, tax-aware investment portfolios at scale.
The agreement combines Allspring’s actively managed investment strategies and portfolio construction expertise with Vestmark’s investment management technology, trading infrastructure, and tax optimization capabilities.
The partnership is designed to provide financial advisors with greater flexibility in portfolio construction while reducing the operational complexity associated with implementing customized investment strategies.
Through Vestmark’s unified managed account (UMA) infrastructure, advisors will be able to incorporate Allspring’s investment solutions alongside strategies from other asset managers.
The open-architecture approach allows advisors to maintain control over asset allocation and investment selection while accessing outsourced portfolio implementation and ongoing management services.
Vestmark Advisory Solutions will support investment management activities, including trading, portfolio rebalancing, tax-aware transitions, and continuing tax management.
The offering also incorporates Vestmark’s VAST tax-overlay solution, which is designed to help advisors manage tax considerations across customized investment portfolios.
Tax-aware portfolio management can involve coordinating investment transactions with clients’ individual tax circumstances, including evaluating realized gains and losses and implementing portfolio changes in a tax-sensitive manner.
These activities can become increasingly complex for advisory firms serving large numbers of clients with different investment objectives, portfolio holdings, and tax requirements.
By outsourcing operational responsibilities through Vestmark’s infrastructure, advisors can focus on investment strategy and client relationships while maintaining personalized portfolio construction.
Allspring will contribute its actively managed public markets investment strategies and investment consultation capabilities.
The company operates 18 offices globally and employs approximately 370 investment professionals.
Its $603 billion in assets under advisement, as of September 30, 2026, includes discretionary and nondiscretionary assets.
Vestmark provides investment management technology to financial institutions, asset managers, and advisory firms.
The company works with six of the ten largest managed account program providers and supports more than $2 trillion in assets across more than five million investor accounts and approximately 72,000 financial advisors, according to its June 30, 2026, operating figures.
Its platform supports unified managed accounts, model portfolios, direct indexing, tax optimization, and other customized investment programs.
The partnership reflects increasing demand among wealth management firms for technology that supports personalized investment strategies without requiring advisors to build and maintain extensive internal trading and portfolio management operations.
By combining Allspring’s investment capabilities with Vestmark’s technology infrastructure, the firms aim to make institutional-quality portfolio construction and tax-aware implementation more accessible to RIAs.
KEY QUOTES:
“Advisors increasingly want greater control over portfolio construction without taking on the operational complexity that comes with implementing and managing customized portfolios at scale. By bringing together Allspring’s investment strategies with Vestmark’s technology and operational infrastructure, advisors can maintain their investment approach while we help manage the trading, tax management and implementation behind the scenes.”
Rob Battista, Executive Vice President, Advisory Solutions At Vestmark
“Advisors are under pressure to deliver more sophisticated and personalized outcomes while maintaining efficiency as their businesses grow. By combining Allspring’s active investment expertise with Vestmark’s technology platform, we’re helping advisors address complex client situations their way.”
Tony Svach, Head Of U.S. Intermediary Distribution At Allspring Global Investments
